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List Each Party

Whether you're on the buying end or the selling end of a transaction, the first thing to do is to list everyone involve. The word "receipt" should, of course, be at the very top, followed by the seller's information such as name and/or company's name, contact information, and any other relevant details. Similarly, you also need to indicate all of the relevant information about the buyer. Finally, mark down the date of the transaction and possibly the specific time (depending on what's being sold).

List Details of the Transaction

The next step is to give every possible detail about the goods or services involved. Make a clear list of the inventory, including the quantity of items, condition of the items, and the price paid for them. A good receipt should also include the method of payment. Payments by check should include the check number, and payments by credit and/or debit cards should include card type, the last four digits, and sometimes the security code. You should also indicate the number of payments, and if the item was picked up or delivered. If paid in full, the receipt should reflect that.

Now that you know the basics of how to write a receipt, we recommend using our General Receipt template. This is a basic sales receipt template that's fast, thorough, and easy-to-use, and will save you a lot of time!

This article contains general legal information and does not contain legal advice. Rocket Lawyer is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.

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